SHA:600255 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	672.88	783.77	699.98	840.04	810.47
Cash & Short-Term Investments	672.88	783.77	699.98	840.04	810.47
Cash Growth	-14.15%	11.97%	-16.67%	3.65%	-10.35%
Accounts Receivable	753.81	607.71	505.88	409.93	432.33
Other Receivables	55.17	21.04	16.23	9.44	15.58
Receivables	808.98	628.74	522.11	419.37	447.91
Inventory	828.73	712.56	518.72	584.78	565.75
Other Current Assets	78.05	73.44	88.82	157.58	118.72
Total Current Assets	2,389	2,199	1,830	2,002	1,943
Property, Plant & Equipment	1,658	1,608	1,561	1,416	960.84
Long-Term Investments	294.23	293.57	291.17	291.18	293.17
Other Intangible Assets	56.23	58.19	84.44	86.88	57.07
Long-Term Deferred Tax Assets	18.75	28.74	25.97	19.52	5.42
Long-Term Deferred Charges	3.5	2.82	3.15	-	-
Other Long-Term Assets	46.52	18.99	50.36	43.39	105.97
Total Assets	4,465	4,209	3,846	3,858	3,365
Accounts Payable	1,232	1,276	1,172	1,177	1,002
Accrued Expenses	16.18	21.16	24.55	23.87	23.5
Short-Term Debt	926.43	736.51	537.53	478.33	498.37
Current Portion of Long-Term Debt	146.88	32.6	49.3	15.2	-
Current Portion of Leases	-	4.1	3.89	0.34	0.54
Current Income Taxes Payable	10.65	7.4	3.22	2.05	0.21
Current Unearned Revenue	1.86	1.88	5.85	30.85	41.93
Other Current Liabilities	84.39	83.3	90.43	184.78	156.8
Total Current Liabilities	2,418	2,163	1,887	1,912	1,723
Long-Term Debt	117.9	94.11	96.62	93.95	45.08
Long-Term Leases	31.22	35.53	39.64	4.44	-
Long-Term Unearned Revenue	74.62	72.88	53.78	56.16	49.15
Long-Term Deferred Tax Liabilities	-	37.04	59.98	54.33	27.24
Total Liabilities	2,642	2,402	2,137	2,121	1,844
Common Stock	1,806	1,806	1,806	1,806	1,800
Additional Paid-In Capital	1,303	1,305	1,305	1,302	1,276
Retained Earnings	-1,650	-1,681	-1,743	-1,682	-1,779
Treasury Stock	-	-	-	-17.97	-36.7
Total Common Equity	1,459	1,431	1,368	1,408	1,259
Minority Interest	364.12	376.08	340.75	329.07	261.75
Shareholders' Equity	1,824	1,807	1,709	1,737	1,521
Total Liabilities & Equity	4,465	4,209	3,846	3,858	3,365
Total Debt	1,222	902.85	726.98	592.26	544
Net Cash (Debt)	-549.55	-119.08	-26.99	247.79	266.47
Net Cash Growth	-	-	-	-7.01%	-49.59%
Net Cash Per Share	-0.36	-0.06	-0.01	0.13	0.14
Filing Date Shares Outstanding	742.11	1,806	1,806	2,669	1,769
Total Common Shares Outstanding	742.11	1,806	1,806	2,669	1,769
Working Capital	-29.47	35.79	-57.33	89.56	219.94
Book Value Per Share	1.97	0.79	0.76	0.53	0.71
Tangible Book Value	1,403	1,372	1,284	1,321	1,202
Tangible Book Value Per Share	1.89	0.76	0.71	0.49	0.68
Buildings	-	441.88	449.05	433.26	312.24
Machinery	-	1,634	1,618	1,459	1,461
Construction In Progress	-	297.23	143.78	280.32	140.55

Source: S&P Global Market Intelligence. Standard template. Financial Sources.